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Published on 9/1/2010 in the Prospect News PIPE Daily.

Nasus Consulting pockets $1.66 million via private placement of stock

Company also issues 60 million shares, resulting in change of control

By Devika Patel

Knoxville, Tenn., Sept. 1 - Nasus Consulting, Inc. completed a $1.66 million private placement of stock on Aug. 27, according to an 8-K filed Wednesday with the Securities and Exchange Commission.

The company sold 3,020,367 common shares.

Nasus also said it issued 20 million common shares to each of William G. Forhan, DewFish and Co., Inc. and Ralph Oelbermann, resulting in a change-of-control event.

Based in Millville, Mass., Nasus designs three dimensional virtual worlds.

Issuer:Nasus Consulting, Inc.
Issue:Common stock
Amount:$1,663,558
Shares:3,020,367
Warrants:No
Settlement date:Aug. 27
Stock symbol:OTCBB: NSUS

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